Latest Economic News

IAJ President – Peter Levy- Motor Uninsured
Managing Director BCIC- Speaks on the amount of uninsured motor vehicle on the road in Jamaica and the dangers it creates for the insured driver.

IAJ President – Peter Levy- General Uninsured
Managing Director BCIC- Speaks on the amount of the uninsured population in Jamaica.

Past Statistics:

Life Insurance (2016-2017)
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General Insurance (2014-2015)
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Claims Payout (2012-2013)
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General Insurance (2014-2015)
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Statistics on The Economy.

Review of Economic Performance
October – December 2018.

The PIOJ presents preliminary estimates on economic performance for each quarter, approximately 6 weeks following the end of the quarter being reviewed. This is based on preliminary information available from the major data providers.

This release of the preliminary estimate is consistent with developments in all modern economies globally, where it is the common practice to release a 1st, 2nd and even a 3rd preliminary estimate before the final official figure is released. Learn More >

Current Statistics

GOVERNMENT FISCAL MONITORING

GROSS DOMESTIC PRODUCT

BOJ RATE POLICY

JAMAICA ECONOMIC DATA

607, 2018

Beryl becomes first hurricane of the 2018 Atlantic season

MIAMI, Florida —

Beryl has been upgraded to a hurricane, making it the first hurricane of the 2018 Atlantic season.

The storm is located about 1,140 miles southeast of the Lesser Antilles with winds of 75 mph.

Earlier, forecasters said the storm

507, 2018

Zacca calls for overhaul of public bodies governance structure

Christopher Zacca, President and Chief Executive Officer of Sagicor Group Jamaica, has charged that the government needs to move to undertake an overhaul of the governance of public bodies.

Zacca contends that the issues that have arisen at the state-owned oil

507, 2018

New predictions of fewer hurricanes and reduced chance of hurricane landfall in region

BRIDGETOWN, Barbados (CMC) — The Caribbean should see fewer storms, and the chance of a major hurricane hitting the region is significantly less than it was when the 2018 Atlantic hurricane season began.

That’s according to the latest forecast released by

2706, 2018

Briefing | Economic transformation necessary to stabilise the Jamaica dollar

What is the value of the Jamaican dollar relative to the US?

The Jamaican dollar has depreciated to more than $130 to US$1 again. The price of the US dollar rose to an all-time high, selling for an average price $132